Investor Presentaiton

Dynamics of Taxable Income Non-investment income has moved in accord with RI's economic conditions but investment income has shown wide swings. 0.50 0.40 0.30 0.20 0.10 0.00 -0.10 -0.20 -0.30 -0.40 -0.50 1997 1998 1999 2000 2001 2002 RI Coincident Index September 30, 2013 2003 2004 2005 2006 2007 2008 2009 2010 2011 Non-Investment Income Investment Income FTA Revenue Estimation and Tax Research Conference 10 10

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